S. African iron and steel output down 0.8 percent in April

Monday, 19 June 2017 15:54:28 (GMT+3)   |   Istanbul
       

According to the preliminary data released by Statistics South Africa (SSA), in April this year South Africa's manufacturing output decreased by 4.1 percent compared to the same month of 2016.
 
In April, the production of basic iron and steel, non-ferrous metal products, metal products and machinery decreased by 0.8 percent on year-on-year basis. In the given month, the production of basic iron and steel products in South Africa rose by 5.3 percent, while the production of structural metal products declined by 8.9 percent, both on year-on-year basis. As compared with March, in April this year the production of basic iron and steel products in South Africa decreased by 3.9 percent and production of structural metal products fell by 1.6 percent.
 
For basic iron and steel products, the estimated seasonally adjusted sales of manufactured products (at current prices) in April this year increased by 5.6 percent month on month, amounting to ZAR 11.81 billion ($908.99 million).

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